Word: discounted
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Dates: during 1980-1989
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Still, there is reason for optimism on the trade front. At week's end Japan and the U.S. unveiled a package of cooperative measures aimed at improving trade relations and both nations' economies. The central bank of Japan cut its discount rate, the interest charged on loans to commercial banks, from 3.5% to 3%. Japanese officials also agreed to cut taxes and raise spending. These stimulative measures may boost demand for imports from America. The U.S., in turn, vowed to cut its budget deficit and to fight protectionist measures...
Critics carp that Brody can be a joyless nudge. More seriously, they complain that she tends to make oracular pronouncements when scientists are still debating an issue. "If I don't sound positive," responds Brody, "people can readily discount what I say. But I'm ready for change." She used to warn against eating fatty fish. "Now I tell them they can. The evidence has changed. Same goes for olive oil." But most of her colleagues and even doctors heap on only praise. "She has done more than any other journalist to bring accurate information about nutrition and health...
Still other critics of the pact think it could be detrimental to U.S. chipmakers in the long run by giving the Japanese a respite from cost cutting, during which they can pour their profits into research and development. In the meantime, other discounters, like the Koreans, are rushing into the U.S. market to fill the discount gap. "I'm meeting with a group from Seoul tomorrow. Their prices will be better," says Donald Kingsborough, chairman of a California toy company, Worlds of Wonder, that uses a high volume of chips in products like Teddy Ruxpin, the talking bear...
Students will no longer have to trek across the river to decide which computer to buy because Harvard's discount computer showroom has moved back to the Square, after three months of renovations...
Wednesday is a busy day for the Tati discount store on the Rue de Rennes in Paris. School is out that afternoon, and mothers, particularly those with modest incomes, flock to Tati with their children in search of bargains. Thus the sidewalk in front of the store was bustling last week at 5:28 p.m., when two black-mustachioed men in a black BMW drove past. As the car slowed down, the man on the passenger side got out and dropped a package into a trash can near the front door. He quickly hopped back into the car and rode...